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August 26, 2026
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Competition clearance for full coal-sector acquisition addresses limited Indian market links through metallurgical and thermal coal sales.
Competition approval covers Yancoal Australia Limited's acquisition of 100% equity interest and warrants in Kestrel Coal Group Pty Ltd. The target holds an 80% interest in the Kestrel Joint Venture, which operates a Queensland coal mine producing principally metallurgical coal and a smaller volume of thermal coal. Neither the acquirer nor the target has a physical presence in India. Their Indian nexus is limited to coal exports and the joint venture's sales of metallurgical coal into India.
August 25, 2026
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Customs classification of unassembled vehicle imports requires fresh hearing after reserved tax challenge was released without verdict.
The dispute concerns customs classification of imported unassembled vehicle parts. Customs authorities allege that parts imported in separate shipments should have been declared as completely knocked down (CKD) units, attracting the higher duty applicable to CKD imports, rather than as individual components subject to lower duty. The manufacturer contests the resulting customs demand. Proceedings have been released for fresh hearing before the regular indirect-tax writ bench, with status quo maintained for four weeks.
August 25, 2026
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Retaliatory tariffs on imported goods escalate trade measures, targeting key sectors while maintaining support for affected domestic businesses.
Canada has imposed retaliatory tariffs on United States-origin industrial and consumer goods following increased United States tariffs on Canadian goods. Effective 8 September, the measures apply at rates of 15%, 25% and 50% across more than 700 products, including steel, aluminium, appliances, dairy products, seafood, furniture, clothing, pulp and paper, and electronics. Existing countertariffs on automobiles remain in force. The measures seek to protect domestic businesses and reduce imports, supported by assistance for affected workers and businesses amid risks to integrated cross-border supply chains.
August 25, 2026
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Foreign-exchange market intervention and lower crude prices supported rupee appreciation, while USD/INR remained range-bound amid shifting dollar conditions.
Foreign-exchange market conditions supported rupee appreciation against the US dollar, driven by stronger domestic equity markets, a weaker US dollar and lower crude oil prices. The USD/INR pair remained broadly range-bound, with oil-price movements and Reserve Bank intervention identified as key near-term influences. The special USD-INR foreign-exchange swap facility for FCNR(B) deposits, overseas foreign-currency borrowings and external commercial borrowings mobilised substantial foreign-exchange inflows.
August 25, 2026
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Section 301 tariffs may have lower impact where major exports remain outside their scope amid resilient domestic demand.
Economic resilience is attributed to buoyant domestic demand, increased manufacturing and services activity, improving liquidity conditions, credit growth, investment activity and rebounding foreign capital inflows. Recovery in the southwest monsoon improved kharif sowing and reservoir storage, partly mitigating agricultural-sector risks. US Section 301 tariffs are expected to have a comparatively lower effect because major Indian exports to the United States, including smartphones, petroleum products and pharmaceuticals, remain outside their scope. Foreign direct investment improved with higher gross inflows, while outward foreign direct investment continued to decline.
August 25, 2026
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BIS certification exemptions may be structured for high-tech manufacturers to ensure timely equipment imports and support domestic manufacturing operations.
Mandatory Bureau of Indian Standards (BIS) certification requirements for equipment and components used by high-technology manufacturers may be addressed through a proposed exemption framework. Possible exemptions may be structured at the company, industry, product, project or bulk level to support timely availability of imported equipment, goods and services for manufacturing operations. The approach is directed at high-technology industries generally, particularly semiconductor and artificial intelligence sectors, while addressing delays associated with mandatory certification and complex procedures for specialised imported parts and equipment.
August 25, 2026
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Corporate social responsibility should prioritise measurable community outcomes, transparency, capable implementing agencies, and strategic integration with sustainability objectives.
Corporate social responsibility should prioritise measurable community outcomes rather than expenditure alone. Effective CSR depends on community-responsive design, capable implementing agencies, rigorous monitoring, social audits, and transparent use of technology and data. Public sector enterprises may use thematic priorities, convergence with government programmes, and institutional collaboration to replace isolated interventions with strategic CSR. CSR capacity building encompasses legal and regulatory frameworks, governance, project planning, impact assessment, reporting, ESG and the Social Stock Exchange.
August 25, 2026
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Regional rural bank performance highlights improved profitability, asset quality, priority-sector lending, financial inclusion, and digital banking expansion.
Regional Rural Banks achieved prescribed priority-sector lending targets and sub-targets, expanded financial inclusion through new Pradhan Mantri Jan Dhan Yojana accounts, and recorded improvement in profitability, asset quality, and credit-deposit ratio. Digital banking adoption is to be accelerated to improve operational efficiency, customer experience, and banking access in rural and remote areas. Sponsor Banks are expected to strengthen information-technology infrastructure and support increased area-specific credit flows and innovative lending.
August 25, 2026
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Ethanol-blended fuel policy faces calls for consumer-focused review amid sugar supply pressures and older-vehicle compatibility concerns.
Consumer-focused review of the ethanol-blended fuel policy is sought because higher ethanol diversion may affect domestic sugar availability and prices, potentially requiring sugar imports that could reduce claimed foreign-exchange savings from lower petroleum imports. The review should address ethanol and sugar production, domestic prices, imports, and consumer, environmental and economic concerns. Availability of lower-blend fuel alongside E20 is advocated for owners of older vehicles, with consumer choice between E10 and E20 supporting a comprehensive reassessment.
August 25, 2026
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Economic resilience remains supported by domestic demand, manufacturing, liquidity and capital inflows despite external trade and geopolitical risks.
Economic resilience is attributed to buoyant domestic demand, sustained manufacturing and services activity, and double-digit merchandise trade growth. Improved southwest monsoon conditions supported kharif sowing and partly reduced agricultural risks, although geopolitical frictions and fresh United States tariffs remained external risks. Supply-side pressures raised consumer price inflation, while stable core inflation indicated limited cost pass-through. Easing liquidity, credit growth, investment activity and rebounding foreign capital inflows supported financial and external-sector conditions.
August 25, 2026
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Sugar price controls combine raw sugar imports, stockholding limits, and export restrictions to curb retail inflation.
Sugar market intervention combines permitted imports of raw sugar, stockholding limits for dealers and bulk consumers, and an existing export ban to address sharp increases in retail and wholesale prices. Limits on inventories held by trade participants and large industrial consumers are intended to curb speculation and hoarding. Although ex-mill rates declined after the import decision and anti-hoarding measures, the reduction had not yet translated fully into retail prices. The measures seek to supplement domestic availability and restrain practices that may intensify consumer-price increases.
August 25, 2026
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Tariff escalation drives retaliatory planning, industry protection measures, supply-chain uncertainty, and proposed symbolic geographic renaming amid cross-border trade tensions.
United States-Canada trade tensions have intensified after tariffs were imposed on Canadian goods following unsuccessful bilateral talks. Canada is expected to pursue retaliatory measures, potentially using targeted action to protect workers and businesses rather than matching tariffs directly. Further tariff threats concern vehicles, auto parts and steel. Integrated cross-border supply chains in automotive, energy, agriculture and manufacturing face increased costs and consumer-price uncertainty. Consideration of renaming Lake Ontario as "Lake America" has also been linked to the escalating dispute.
August 25, 2026
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Central infrastructure monitoring through PAIMANA-PROJ tracks implementation progress, sectoral priorities, completed works, and integration of newly monitored projects.
PAIMANA-PROJ monitors Central Sector infrastructure projects costing Rs. 150 crore and above across 17 Ministries and Departments. As of July 2026, 1,775 projects with a revised cost of Rs. 37.11 lakh crore were under monitoring, with cumulative expenditure of Rs. 19.26 lakh crore. Transport and Logistics formed the largest monitored sector, followed by Energy. The portfolio included mega and major projects at varying physical and financial completion stages. PAIMANA-CRIP serves as the central infrastructure-project data repository, with most data updated through APIs.
August 25, 2026
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Plant growth regulator quality controls require farmer awareness, licensed sales, quarantine compliance, and protection against uncertified orchard inputs.
Plant Growth Regulator quality control seeks to protect farmers and orchardists from spurious products sold in the open market. Licensed pesticide and fungicide outlets receive application schedules, while farmer awareness is stressed due to purchases of cheaper PGRs that may not achieve expected results. Rootstock imports require quarantine clearance, and uncertified rootstock purchased from the market is associated with disease spread in orchards. Regulatory measures include direct departmental sale of branded chemicals, promotion of weather-based crop insurance, and demands concerning minimum support pricing and Market Intervention Scheme documentation.
August 25, 2026
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Anti-conversion compliance prompts voluntary prayer declarations, alongside food-safety oversight and enforcement against demolition, liquor, and cyber-fraud allegations.
Maharashtra's anti-conversion law has commenced, and churches across the Mumbai Metropolitan Region have sought written self-declarations confirming voluntary prayer attendance without pressure. Food-safety oversight requires cleaning of cricket association eateries before a further inspection. Enforcement matters include investigation into unauthorised shop demolitions allegedly involving misuse of a municipal corporation's name, arrests connected with spurious-liquor manufacture, and a cyber-fraud network allegedly using mule accounts to launder proceeds. A retired High Court judge has been appointed as Lokayukta.
August 25, 2026
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User development fee rationalisation reduces departure charges and links airport cost recovery to commissioned capital projects during the tariff cycle.
Airport tariff regulation for Hyderabad airport fixes reduced User Development Fee for departing domestic and international passengers from 1 September 2026 through 31 March 2031, with rationalised landing charges. The tariff determination applies the incremental Aggregate Revenue Requirement framework, linking airport-charge cost recovery to completion, commissioning and use of identified high-value capital expenditure projects. A variable tariff plan provides landing-charge incentives upon prescribed qualifying conditions, supporting traffic development and route expansion while requiring cost-reflective, transparent and non-discriminatory aeronautical tariffs.
August 25, 2026
Show AI Summary
Rupee appreciation reflects weaker dollar, lower crude prices, positive equities, and foreign-exchange inflows through swap facilities.
Foreign-exchange market conditions supported the rupee's appreciation against the US dollar, driven by positive domestic equity markets, a weaker dollar, and declining crude-oil prices. The USD/INR pair remained within a narrow range, with oil-price movements and potential central-bank intervention identified as near-term determinants. A special USD-INR foreign-exchange swap facility covering FCNR(B) deposits, overseas foreign-currency borrowings and external commercial borrowings had mobilised foreign-exchange inflows relevant to currency liquidity.
August 25, 2026
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Energy supply diversification reshapes India's LPG, LNG and crude sourcing amid constrained Gulf availability and higher logistics costs.
India's energy-import sourcing has shifted towards supply diversification as disruption in the Strait of Hormuz constrained traditional Gulf supplies. United States cargoes have become particularly important for LPG and LNG, while procurement has also broadened to Atlantic Basin and other non-traditional suppliers. Diversification increases costs through longer voyages, higher freight, insurance expenses, tighter availability and higher commodity prices, reflecting a premium for supply security. Crude sourcing continues to rely principally on Russia, alongside resilient UAE flows and increased Venezuelan heavy crude imports.
August 25, 2026
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Intelligence-led enforcement against illicit trade requires coordinated data-sharing, risk profiling, digital accountability and disruption of organised supply networks.
Cross-border illicit trade enforcement should move beyond isolated seizures to intelligence-led disruption of organised criminal networks. Risk-based profiling, predictive analytics, container scanning and shipment-data analysis should support targeted action against misdeclaration, port-hopping, concealment and digital distribution. Right holders should share specific intelligence with customs targeting mechanisms, and goods entering Domestic Tariff Areas from warehousing and special economic zones require enhanced examination. Digital enforcement should trace suppliers, financial flows, data trails and small-parcel movements, supported by coordinated feedback between online marketplaces, police and customs.
August 25, 2026
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NRI banking account segregation aligns overseas earnings, domestic income, foreign-currency savings, remittances, and borrowing with cross-border commitments.
NRI banking arrangements require segregation of overseas earnings, India-sourced income, savings, remittances and expenditure after residential status changes. An NRE account holds overseas income remitted to India, with interest exempt from income tax in India. An NRO account is intended for Indian income, including rent, dividends and pension, while FCNR deposits retain funds in a chosen foreign currency. A structured arrangement can align these accounts with domestic obligations, overseas spending, remittances, investments and compliant digital banking access.

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News and Press Release

PM Gati Shakti: Transforming India's Infrastructure and Connectivity

October 14, 2024

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On the 75th Independence Day, Prime Minister Narendra Modi announced the ‘PM Gati Shakti’ initiative during his address to the nation from the ramparts of the Red Fort. The National Master Plan for Multi-modal Connectivity, launched on October 13, 2021, is set to celebrate its third anniversary this Sunday. This digital platform is designed to bring various Ministries, including Railways and Roadways, to ensure integrated planning and coordinated execution of infrastructure projects. The initiative aims to provide seamless and efficient connectivity for the movement of people, goods, and services across various modes of transport, thereby enhancing last-mile connectivity and reducing travel time.

PM Gati Shakti incorporates the infrastructure schemes of various Ministries and State Governments such as Bharatmala, Sagarmala, inland waterways, dry/land ports, and UDAN. PM Gati Shakti incorporates the infrastructure schemes of various Ministries and State Governments such as Bharatmala, Sagarmala, inland waterways, dry/land ports, and UDAN.

Gati Shakti: Central Ministries and State Participation

The PM Gati Shakti National Master Plan (NMP) has onboarded 44 Central Ministries and 36 States/UTs and a total of 1,614 data layers have also been integrated. To ensure data accuracy, key infrastructure ministries have finalised Standard Operating Procedures (SOPs) for a three-tier system. SOPs for 8 infrastructure ministries and 15 social sector ministries have been notified, with development continuing for other ministries and States/UTs. A ‘Compendium on PM Gati Shakti National Master Plan’ on data management, prepared by DPIIT, outlines the stakeholder responsibilities.

A ‘Compendium of PM Gati Shakti Volume I and Volume II’ has been developed and launched, that highlights the success stories of PM Gati Shakti. A milestone of assessing 208 big-ticket infrastructure projects worth Rs. 15.39 lakh Crores, of various Ministries adhering to PM Gati Shakti principles has been achieved. Additionally, 434 projects under three economic corridors of the Ministry of Railways have been evaluated and shared with the PMO and they are Energy, Mineral, and Cement Corridors, High Traffic Density Corridors and Rail Sagar.

District-Level Integration

A District Master Plan (DMP) portal is being developed to extend PM Gati Shakti to the district level. This portal will aid district authorities in collaborative planning, infrastructure gap identification, and scheme implementation. A beta version of this portal has already been created for 28 aspirational districts, and user accounts were provided to these districts on September 18th, 2024. Trial runs of the portal are ongoing, with orientation programs in October 2024. The DMP portals for all the country's districts will be developed in a phased manner and completed by March 31, 25.

Key Accomplishments under PM GatiShakti National Master Plan (NMP)

The PM GatiShakti NMP has resulted in numerous achievements across various sectors, significantly improving project planning, speed, and execution.

  • The Ministry of Road Transport and Highways (MoRTH) planned over 8,891 km of roads using NMP, while the Ministry of Railways (MoR) used NMP to plan more than 27,000 km of railway lines. MoR also accelerated the completion of Final Location Surveys (FLS), completing 449 FLS in FY ’22 compared to 57 in FY ’21.
  • The Ministry of Petroleum and Natural Gas (MoPNG) streamlined the process for Detail Route Survey (DRS), reducing the time required to create reports from 6-9 months to just one day using electronic DRS (eDRS).
  • Using NMP principles, a 13 GW renewable energy project from Leh (Ladakh) to Kaithal (Haryana) achieved optimal alignment of the ‘Green Energy Corridor’ for inter-state transmission.
  • Goa used the NMP platform to develop a disaster management plan for flood-prone areas along the Amona River.
  • The Uttar Pradesh government employed the State Master Plan (SMP) portal to identify locations for new schools in underserved areas via the Pahunch Portal.
  • Gujarat planned its 300 km coastal corridor using NMP, which reduced the number of NoC permissions required for clearance from 28 to 13, enhancing connectivity between four districts while boosting tourism.
  • The Department of School Education and Literacy used the NMP portal to link PM Shri Schools with local industries for district-specific skill training.
  • The Ministry of Health and Family Welfare identified internet shadow areas and mapped sites for new healthcare facilities using NMP.
  • The Ministry of Skill Development & Entrepreneurship utilized NMP to identify suitable locations for new training institutes near economic clusters.
  • The Ministry of Rural Development integrated schemes such as PMGSY and PMAY-G for better asset planning and implementation.
  • The Ministry of Tribal Affairs identified infrastructure gaps for Particularly Vulnerable Tribal Groups (PVTG) using the PM JanMan portal.

These accomplishments highlight the NMP's broad utility in improving planning, efficiency, and collaboration across various ministries and sectors.

National Logistics Policy (NLP) 2022: Progress and Key Initiatives

The National Logistics Policy (NLP) was launched on 17th September 2022 to boost India’s economic growth by creating an integrated, efficient, and cost-effective logistics network. The policy aims to reduce logistics costs, improve India's Logistics Performance Index (LPI) ranking to be among the top 25 countries by 2030, and promote data-driven decision-making. Implementation is driven by the Comprehensive Logistics Action Plan (CLAP), focusing on areas such as digital logistics systems, asset standardization, human resource development, state engagement, and EXIM logistics.

The policy emphasizes training and capacity-building efforts in collaboration with the Capacity Building Commission (CBC). Training modules are integrated with Central and Administrative Training Institutes through webinars, workshops, and digital platforms.

State Logistics Plans (SLPs): 26 States and Union Territories have aligned with the National Logistics Policy (NLP) by notifying their State Logistics Policies to enhance focus on logistics in public policy.

LEADS Survey: The fifth edition of the Logistics Ease Across Different States (LEADS) report was launched in December 2023, with the sixth edition released in January 2024. LEADS assesses logistics ease based on infrastructure and services across States and UTs.

Unified Logistics Integrated Platform (ULIP): ULIP integrates 33 logistics-related systems across 10 Ministries, promoting innovation. Currently, over 930 private companies are registered, with 95 applications made live and 185 companies signing NDAs. ULIP also integrates GST data for end-to-end cargo tracking.

Logistics Data Bank (LDB): For tracking and tracing 100% of India’s containerized EXIM cargo, the Logistics Data Bank (LDB), has been developed. LDB uses RFID technology through the Internet of Things (IoT), Big Data and Cloud-based solutions to provide real-time tracking of EXIM container movement in India. It is a single window, cloud-based logistics visualization solution which provides container movement tracking using only the container numbers; from the Ports to Inland Container Depot’s/ Container Freight Stations; and across the port associated Parking Plazas, Toll Plaza & Railways.

Improving LPI Rank

A dedicated LPI Action Plan has been created, involving multiple ministries (MoRTH, MoR, MoPSW, MoCA) to address logistics challenges across six LPI parameters. Continuous engagement with the World Bank has resulted in discussions on logistics efficiency, reforms, and LPI methodology, along with a national workshop held in February 2024.

The policy incorporates global best practices, collaborating with the Asian Development Bank (ADB) and Korea’s LPI improvement strategies. A round table with the World Bank was held in the U.S. in March 2024 to discuss innovative approaches and logistics improvements for India.

Through these efforts, NLP is driving India towards a more efficient logistics ecosystem while enhancing global competitiveness.

Gati Shakti Sanchar Portal

Universal and equitable access to Broadband services across the country, especially in the rural areas- is one of the most important visions of Prime Minister Narendra Modi. In line with the PM Gati Shakti National Master Plan, “Gati Shakti Sanchar” portal was launched for Centralised Right of Way (RoW) approvals on May 14, 2022.

The Gati Shakti Sanchar portal is a major reform brought in to facilitate faster rollout of telecom infrastructure. It is a Centralised Right of Way (RoW) Portal that enables applicants such as Telecom Service Providers/Infrastructure Providers / Internet Service Providers (TSP/IP/ISPs) to apply for RoW approvals. As on October 11, 2024, 2.11 lakh applications have been approved.

The portal is integrated with all 36 States /UTs and with relevant central ministries viz. Ministry of Railways (MoR), Ministry of Road, Transport and Highways (MoRTH), Ministry of Environment, Forest and Climate Change (MoEFCC) and Ministry of Defence (MoD).

5G services were launched in India on 1st October 2022. More than 13 Cr subscribers have begun to use 5G services, making it the fastest roll-out of 5G anywhere in the world. To further improve telecom connectivity in the country, Government is implementing various schemes.

A total of 41,160 mobile towers have been sanctioned with an outlay of Rs. 41,331 Cr to

provide 4G connectivity to about 55 thousand villages.

Scope of BharatNet program has been expanded to connect all inhabited villages with an

outlay of 1.88 Lakh Cr

Conclusion

The PM Gati Shakti initiative represents a transformative approach to infrastructure development in India, aiming to create a seamless and efficient multimodal transportation network. By integrating the efforts of various ministries and leveraging advanced technologies, this initiative seeks to enhance connectivity and reduce logistics costs across the nation. The Gati Shakti Sanchar portal further supports this vision by streamlining the Right of Way approvals process, accelerating telecom infrastructure rollout, and facilitating the rapid deployment of 5G services across the country. With these combined efforts, India is well-positioned to achieve its ambitious goals of Aatmanirbharta.

References

https://pmgatishakti.gov.in/pmgatishakti/login

https://www.india.gov.in/spotlight/pm-gati-shakti-national-master-plan-multi-modal-connectivity

https://pmgatishakti.gov.in/pmgatishakti/about_pmgati

PMGATISHAKTI TRANSFORMING INDIA’S INFRASTRUCTURE - https://static.pib.gov.in/WriteReadData/specificdocs/documents/2023/apr/doc2023427188001.pdf

https://www.pib.gov.in/PressReleasePage.aspx?PRID=1825332

Rajya Sabha Unstarred Question No. 56 Dated February 02, 2024

https://gatishaktisanchar.gov.in/

https://pib.gov.in/PressNoteDetails.aspx?NoteId=152010&ModuleId=3

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